The Bank, a member of Citigroup, is a headline sponsor of the ground-breaking 'Leaders in Dubai' event to be held from November 29-30 at the Dubai International Convention Centre.
"The huge potential of the region is being unlocked through de-regulation and other measures of economic reform. Events such as 'Leaders in Dubai' complement the trend by helping to raise awareness and promote industry participation in fostering greater professionalism and leadership in business and finance," he said.
"An observation from our experience in more than 100 countries is that an open and competitive marketplace serves as a tremendous catalyst for growth in leadership as well as talent, in terms of numbers and in quality," said Morgan. "For the Citigroup Private Bank in the Middle East, new business opportunities arising from greater openness have led to expansion across the ranks of the organization, not just at leadership levels."
The bank has offices in Dubai and Abu Dhabi with onshore teams of bankers and product specialists serving the region's wealthy - those with at least USD 5 million in net worth, which is the bank's pre-requisite for clients.
The Middle East's wealth management sector has had a head start over most emerging markets because of the oil boom of the 1970s. Private wealth grew steadily and was supported with a corresponding rise in the number and quality of financial planners and wealth management providers, explained Morgan.
"As a result, there is a substantial pool of leadership and talent in the region's financial sector. But there is growing demand for more as the region's economies and markets open up further, and as private wealth growth accelerates. The financial sector as a whole, including the public and private sectors, have a responsibility to invest in the promotion of leadership and talent to meet this surging demand," he said.
Leaders in Dubai is expected to attract over 2,500 regional and international delegates. It will feature seven of the world's most influential leaders, including Rudy Giuliani, the former mayor of New York, and Jack Welch, former CEO of General Electric. Many regional leaders will also be on stage to share and debate their views on leadership.
Besides Giuliani, the event will feature Harvard Business School Professor Michael Porter; Tom Peters, the management guru; best-selling author Frank Maguire; MIT's Professor of Management and Economics, Lester Thurow; and the influential futurist Alvin Toffler. Welch will address the audience via a videocast link.
Organisers Leading Minds specialises in presenting the latest thoughts and groundbreaking ideas from pre-eminent international business authorities. Leaders in Dubai is set to become an annual event.
It has attracted the attention of established brands as key sponsors, including Citigroup, Nokia, Visa International, Shell, Ferrometal and SABIC. Al Hayat, Ameinfo.com, CNN and Gulf Business are on board as key media partners.
Browse
related articles
Competition to increase demand for leadership and talent in region's wealth management sector
- United Arab Emirates: Tuesday, August 24 - 2004 at 12:05
- PRESS RELEASE
The Middle East region's financial services sector will witness greater competition and further deregulation, with local companies and leaders coming to the fore, said Mark A Morgan, Managing Director and Chief Officer - Middle East Offices, Citigroup Private Bank.
Related stories
Also consider reading:
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
Log in to request more information from Leading Minds
Notes and media contacts
About The Citigroup Private BankThe Citigroup Private Bank, one of the largest private banking businesses in the world, provides personalized wealth management services for clients through 125 offices in 89 cities in 33 countries. The Citigroup Private Bank offers unmatched global reach, coupled with a full range of portfolio management and investment advisory services from Citigroup Asset Management, an array of structured lending and banking services, as well as expertise from the Global Corporate and Investment Bank. Citigroup Private Bankers act as financial architects, designing and coordinating insightful solutions for individual client needs, with an emphasis on personalized, confidential service. The Citigroup Private Bank provides services and products through various Citigroup affiliates. Not all services and products are available at all locations.
About Citigroup
Citigroup (NYSE: C), the preeminent global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at www.citigroup.com
ABOUT LEADING MINDS
LEADING MINDS is a division of the Institute for International Research, the world's leading business information company. IIR is an independent, privately-owned company with an international network of offices and events in 35 countries. IIR started life in 1973 and quickly established itself as the world's biggest conference company, to which was added training and exhibition activities.
Our main offices are in New York, London, Frankfurt, Stockholm, Sydney, Buenos Aires, Johannesburg and Madrid.
LEADING MINDS specialises in organising public events with top business authorities - the leading minds. Just to mention a few: Tom Peters, Gary Hamel, Robert Kaplan, Philip Kotler, Dave Ulrich, Edward de Bono, Jack Trout, Daniel Goleman, Al Ries, Nicholas Negroponte, Don Tabscott and Michael Porter. LEADING MINDS has a global reach, with significant activity in Asia-Pacific, Europe and Africa. We present speakers who are otherwise only available to their followers in book format or via satellite transmissions. We are devoted to working with the best speakers, each presenting his or her unique experience to our exclusive corporate audience. We make every effort to make a speaking engagement for LEADING MINDS a memorable and worthwhile experience for our audiences as well as for our speakers. Since 1999, we have run well over 200 events with planning for 2005 already taking shape and promising a great line up of events.
For more media information: Barbara Saunders, MCS/Action, PO Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2961; fax: +9714 390 8161;
For more information about 'Leaders In Dubai' sponsorship opportunities, please contact: Alan Kelly on +971 4 336 5161.
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, August 24 - 2004 at 12:05 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds